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Category: South Asia

Prime Bank Signs Payroll and Cash Management Agreements with Quality Feeds

Prime Bank Enters Payroll and Cash Management Agreements with Quality Feeds

Prime Bank PLC has formalised a strategic partnership with Quality Feeds Limited, one of Bangladesh’s foremost animal feed manufacturers, through the signing of two comprehensive agreements designed to provide integrated payroll banking and advanced cash management services. The signing ceremony took place at Prime Bank’s corporate office in Dhaka, with M Nazeem A Choudhury, Deputy […]
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Dr Mohammad Ayub Miah Appointed Chairman of United Islami Bank

Dr Mohammad Ayub Miah Takes Charge as Chairman of United Islami Bank

Dr Mohammad Ayub Miah, a former senior secretary of the government, has been appointed chairman of the newly formed United Islami Bank. His appointment received official endorsement from Bangladesh Bank on 30 November. The formation of United Islami Bank coincides with the central bank’s final approval of the merger of five financially distressed banks, which […]
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Central Bank Finds Capital Recovery Plans of Four State Banks Unrealistic

Four State-Owned Banks’ Capital Recovery Plans Deemed Unrealistic by Central Bank

Bangladesh Bank has dismissed the capital recovery action plans of four state-owned commercial banks — Agrani, Janata, BASIC, and Rupali — considering them unrealistic. According to the central bank, the combined capital deficit of these banks stood at approximately Tk31,000 crore as of December 2024. The banks were required to submit a five-year plan to […]
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Shahjalal Islami Bank Secures Bronze Award from SAFA

SAFA honours Shahjalal Islami Bank with Bronze Award

Shahjalal Islami Bank PLC has secured the Bronze Award in the Private Sector Banks Category from the South Asian Federation of Accountants SAFA for presenting one of the best annual reports of 2024. SAFA, a regional organisation comprising accounting professionals from several South Asian nations, evaluates and honours institutions every year whose annual reports demonstrate […]
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MTB launches new financial service

MTB signs new service agreement to manage tuition fee collection and payroll operations for East West University

Mutual Trust Bank PLC (MTB) has recently entered into a comprehensive service agreement with East West University, ensuring enhanced financial support for the institution’s academic and administrative staff, as well as its students. The agreement was formalised at a modest ceremony held on the university’s Aftabnagar campus in Dhaka, according to a press release. Professor […]
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Japanese World War II Soldiers Remains Successfully Repatriated from Chattogram Japanese World War II Soldiers’ Remains Successfully Repatriated from Chattogram

Japanese World War II Soldiers’ Remains Successfully Repatriated from Chattogram

In a solemn yet significant gesture of international respect and remembrance, the remains of eighteen Japanese soldiers who perished during the Second World War have been exhumed in Chattogram and returned to Japan. The operation, overseen by the Chattogram War Cemetery, represents the latest chapter in decades-long efforts to honour fallen soldiers and facilitate cross-border […]
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Minorities Targeted Under Blasphemy Laws

Minorities Targeted Under Blasphemy Laws: 73 Recorded Incidents in 11 Months

The targeting of minority communities under the pretext of blasphemy continues to be a pressing concern in Bangladesh. According to the Human Rights Centre for Bangladesh Monitoring (HRCBM), 73 incidents of alleged blasphemy affecting minority individuals have been documented over the first eleven months of this year. Of these, 40 have led to formal legal […]
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